UK competition regulator to in-depth probe Amazon-Deliveroo deal

UK competition watchdog announced on Friday it would conduct an in-depth investigation into Amazon.com Inc’s buying of a stake in online food delivery group Deliveroo. The investigation came weeks after expressing concerns over the deal.
The Competition and Markets Authority said it had moved the investigation to Phase two as both Amazon and Deliveroo had not cleared the doubts it had raised earlier this month before its Dec. 18 deadline.
Source: Reuters